The Society of Chartered Surveyors has warned that homeowners may be overpaying for house insurance because they are paying for more cover than they can claim in the event that they need to rebuild their home.

Claire Solon, President of Society of Chartered Surveyors Ireland and Head of Property at Friends First said “We understand the scale of the challenge faced by policymakers to re-activate the housing development sector.

A new survey shows that the national average salary for a Chartered Surveyor is €71K and that property surveyors working in Estate Agency & Property Management with up to 5 years post-graduation experience are earning an average salary of €34,700, excluding bonuses and benefits.

The newly elected President of the Society of Chartered Surveyors Ireland has said one of the main priorities of her presidency will be to address the skills shortages within the surveying industry in the coming years.